India turned a net importer of finished steel in April, with imports surging significantly
India's finished steel import has increased in April
May 25, 2026
02:23 pm
What's the storyIndia has become a net importer of finished steel, as per provisional government data.
In April, the country imported 0.7 million metric tons of finished steel, marking a 30.8% increase from last year.
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In FY’26, the net profit was up at ₹27 crore (₹26 crore) while income jumped to ₹1,059 crore (₹1,144 crore)
